3222 2nd Ave, Sacramento, CA 95817

ALIVE Commercial Real Estate is pleased to present 3222 2nd Avenue, an eight-unit apartment community located in Sacramento, California. The property is comprised of eight spacious one-bedroom/one-bathroom units, each approximately 700 square feet. The majority of the units have been recently updated with laminate flooring, updated bathroom fixtures, modern cabinetry, new kitchen appliances, and in-unit washer/dryers— allowing new ownership to benefit from immediate operational efficiencies and enhanced tenant demand. The building features a durable stucco exterior, pitched composition shingle roof, dual-pane windows, and controlled access. New ownership will acquire a stabilized asset with a clearly defined value-add strategy through completion of renovations on the remaining units and the ability to achieve meaningful rent premiums in a supply-constrained submarket.

3222 2nd Avenue is located in the North Oak Park neighborhood of Sacramento, a centrally positioned and increasingly sought-after submarket immediately adjacent to the Broadway Triangle. North Oak Park has benefitted from continued revitalization driven by its close proximity to Downtown Sacramento, Midtown, UC Davis Medical Center, and the expanding Broadway corridor. The neighborhood offers residents convenient access to major employment hubs, regional transit, and key transportation arteries including Highway 99, I-5, and Highway 50. Its walkable residential streets, proximity to neighborhood-serving retail and dining, and access to nearby parks and cultural amenities contribute to strong and consistent rental demand.With limited new multifamily supply, ongoing public and private investment, and rising tenant demand spilling over from Midtown and Downtown, North Oak Park is well positioned for continued rent growth and long-term appreciation. The property’s immediate proximity to the Broadway Triangle further enhances its appeal, as the area continues to evolve into one of Sacramento’s most dynamic mixed-use districts.